The risk off environment, if it persists will be bearish for gold. This descending wedge will see 1850 tested at some point. It may bounce off! But it doesn't look inclined to do that especially as BTC is rising.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.